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Wednesday 9 August 2023

US to tighten rules on outbound investments to China

The United States announced Wednesday steps to restrict certain American investments in China, targeting high-tech sectors like semiconductors, artificial intelligence and quantum information technologies -- a move that could further strain bilateral ties. "The outbound investment program will fill a critical gap in the United States' national security toolkit," said a senior US government official.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/yI2F05k

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